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Suppose That the Market for Ice Cream Sandwiches Is Perfectly

Question 32

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Suppose that the market for ice cream sandwiches is perfectly competitive. Firms that produce ice cream sandwiches are identical; their long-run cost functions are given by Suppose that the market for ice cream sandwiches is perfectly competitive. Firms that produce ice cream sandwiches are identical; their long-run cost functions are given by . Market demand is ) In the long-run equilibrium in this industry, there are ____ firms in the industry. A) 4,124.72 B) 3,941.83 C) 3,663.46 D) 3,276.32 . Market demand is Suppose that the market for ice cream sandwiches is perfectly competitive. Firms that produce ice cream sandwiches are identical; their long-run cost functions are given by . Market demand is ) In the long-run equilibrium in this industry, there are ____ firms in the industry. A) 4,124.72 B) 3,941.83 C) 3,663.46 D) 3,276.32
) In the long-run equilibrium in this industry, there are ____ firms in the industry.


A) 4,124.72
B) 3,941.83
C) 3,663.46
D) 3,276.32

Correct Answer:

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